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Dec 10, 2012
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now you get china. if europe can stabilize, i think we can go much higher. >> how many days, if you add headline that monty was thinking about, going out and bursceloni was thinking about coming back. follow me on twitter. and "power lunch" begins right now. >> halftime is over. "power lunch" and second half of the trading day starts right now. >> and here we are. welcome to "power lunch." as you can see, we are beth here on the floor of the new york stock exchange. and stocks are higher as fiscal cliff song and dance continues in washington. mr. boehner says he is waiting for a proposal from this gentleman, the president. president obama. and the president is set to speak about the cliff and the a economy later today. >> i thought i was supposed to come here today. you thought you were supposed to come here today. so we are both here. not really, folks. a lot of talk today is about what investors should do if we go over the cliff. what should we do if there is a debt deal before year-end or shortly the
now you get china. if europe can stabilize, i think we can go much higher. >> how many days, if you add headline that monty was thinking about, going out and bursceloni was thinking about coming back. follow me on twitter. and "power lunch" begins right now. >> halftime is over. "power lunch" and second half of the trading day starts right now. >> and here we are. welcome to "power lunch." as you can see, we are beth here on the floor of the new...
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Dec 10, 2012
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china's corporate criminals who are often inditing wishable. we don't want to give the chinesing nomic sift apple larger footprint into american capitalism. secondly, this makes a mock rift green energy policies. the main rational for which was we don't want these so-called industries of the future controlled by foreign countries and by foreign companies. and here we are, transferring all of this property over to a chinese company. and there was an american buyer. there was an american buyer. an american-owned option. >> on that point, alan, is there any sensitive technology or information that is going to be given to the chinese through this trance ak. >> that's a great question, mandy. you are broadcasting from northern jersey, right sni think you recently you learned how important electricity grids are, right? when you don't have electrical power bb life becomes very bad. a123 is making product that helps control the electricity grid system. do we want the chinese owning this technology? the possibility for sabotage is after t astro nom cal.
china's corporate criminals who are often inditing wishable. we don't want to give the chinesing nomic sift apple larger footprint into american capitalism. secondly, this makes a mock rift green energy policies. the main rational for which was we don't want these so-called industries of the future controlled by foreign countries and by foreign companies. and here we are, transferring all of this property over to a chinese company. and there was an american buyer. there was an american buyer....
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Dec 7, 2012
12/12
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brands got annihilated based on some bad news out of china. it seems it
brands got annihilated based on some bad news out of china. it seems it
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Dec 27, 2012
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industrials when the economy started to slow due to the blow up in europe and fast-growing markets like china slammed on the brakes with higher interest rates, you got obliterated. how about if you owned too many banks right before the financial crisis hi. i know a lot of people who did, by the way, they had such good yields and the dotcom bust, where the ruination occurred, something then tired an entire generation of people on investing. spread your money across stocks in you be related sectors so when something happens and makes one of them goes down hard the rest remain relatively unscathed. sometimes you can go higher. your basic diversification and mandatory in cramerica. if you're prepared for anything, not enough to make sure your stocks don't overlap, you need a portfolio that works in all kinds of markets, so tonight i want to explain and refine what i like to call the new diversification, how to protect your wealth and ensure you work something in increasingly chaotic, difficult, unforgiving, nauseating miserable market where diversified by sector alone can not be enough. the new d
industrials when the economy started to slow due to the blow up in europe and fast-growing markets like china slammed on the brakes with higher interest rates, you got obliterated. how about if you owned too many banks right before the financial crisis hi. i know a lot of people who did, by the way, they had such good yields and the dotcom bust, where the ruination occurred, something then tired an entire generation of people on investing. spread your money across stocks in you be related...
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Dec 5, 2012
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the china ftse. this is a place i think we're goings higher. >> gnat gas up 4%. >> got a beth of a boost. also from companies wanting to get a little more gassy. >> oh. >> well, they are. they want to get some of this natural gas offshore and i still like it. >> grasso? >> i bought mc, i bought ac steel and i bought big steel, leonard x. i've already sold all three. i've clipped my profit. i'm done for now. if the global economy is doing better, they will continue to go higher. >> up 7%, western digital. mike? >> accelerated dividend is one. >> and we've got a pop here for honey boo boo. >> what? >> what do secretary of state hillary clinton, chris christie and honey boo boo have in common? they've all been placed on barbara walters' most fascinating list. honey boo boo has her fair share of critics including adam lee convenient and south parks. she's sweet loving. look at that face. >> so that's not a sign? >> what? >> of the myan prophecy. >> i knew you were going there. >> that's scary. >> all rig
the china ftse. this is a place i think we're goings higher. >> gnat gas up 4%. >> got a beth of a boost. also from companies wanting to get a little more gassy. >> oh. >> well, they are. they want to get some of this natural gas offshore and i still like it. >> grasso? >> i bought mc, i bought ac steel and i bought big steel, leonard x. i've already sold all three. i've clipped my profit. i'm done for now. if the global economy is doing better, they will...
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Dec 3, 2012
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on one side china data coming in better than expected overnight. there's a little more optimism about a greek resolution. in the other corner, continued worries about what else? tax hikes and spending cuts. notice i did not call it the fiscal cliff. so ultimately which wins out? let's ask gina sanchez, director of equity and asset allocation at rubini global economics. dan, i know you've been traveling, london, san fran, all parts in between last couple of weeks. how concerned are your clients about what's going to happen on january 1st? >> it's not so much that they're concerned about what happens on january 1st because i think the bulk of our meetings have focused on the fact that this isn't really a cliff so much as a lot of people have been saying a slope. more importantly to your first question, i have been on the road for the better part of 2 1/2 months now. i don't really get many questions or have many debates about greece or spain anymore. i think there's definitely a back burner element to what's going on in europe as people focus whether
on one side china data coming in better than expected overnight. there's a little more optimism about a greek resolution. in the other corner, continued worries about what else? tax hikes and spending cuts. notice i did not call it the fiscal cliff. so ultimately which wins out? let's ask gina sanchez, director of equity and asset allocation at rubini global economics. dan, i know you've been traveling, london, san fran, all parts in between last couple of weeks. how concerned are your clients...
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Dec 18, 2012
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be cooling off going on in china. that exacerbated a selloff in the agriculture commodities and that translated to a selloff in gold and silver as well. what's interesting to note are some reports out from firms talking about what happened in commodities overall. so far this year we have seen losses overall for commodities sector. gold, though, has fared pretty well up 7% year-to-date. back to you, sue. >> thank you so much, sharon. let's bring in jeff kilberg. i know a lot of people are longer term quite bullish on gold. why are we see this pressure taking it apolo the 1700 mark. >> well, sue, i think we saw a knee-jerk reaction initially when boehner came out with plan b. that technically got the ball rolling to the downside. keep in mind one week away from christmas. these holiday markets you can really get pushed around. traders have to be aware on thin volumes. came down to the november 5th low, new low on the close, 1670. right now i think they are stripping out the inflation in gold and really focused on the fi
be cooling off going on in china. that exacerbated a selloff in the agriculture commodities and that translated to a selloff in gold and silver as well. what's interesting to note are some reports out from firms talking about what happened in commodities overall. so far this year we have seen losses overall for commodities sector. gold, though, has fared pretty well up 7% year-to-date. back to you, sue. >> thank you so much, sharon. let's bring in jeff kilberg. i know a lot of people are...
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Dec 19, 2012
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>> what you heard out of china, a government official in china said last month, he was quoted until saying, if we continue bi bailing these companies out in china, it's giving a patient poison to quench their thirst. you had a bailout of sun tech, a bailout of another chinese company and you've had multiple bailouts since then. you have massive oversupply in this market. you need companies to go out of business. what china is doing, they are coming in and bachling them out. thus this capacity that needs to be reduced is continuing to grow. so, we think capacity in china is going to row. you have much more supply than the demand. we continue to see price pressure. >> gordon, one of your competitors, i think tend of november, has a $50 price target on the stock. mentioned their cash flow. i'm not asking you to talk about their call but can you talk about their cash flow? do they have a healthy situation? >> that's a good point. where the projects they have, they will have the cash. but once the projects are over, if you look at first solar's earnings over the past four quarters, quarters whe
>> what you heard out of china, a government official in china said last month, he was quoted until saying, if we continue bi bailing these companies out in china, it's giving a patient poison to quench their thirst. you had a bailout of sun tech, a bailout of another chinese company and you've had multiple bailouts since then. you have massive oversupply in this market. you need companies to go out of business. what china is doing, they are coming in and bachling them out. thus this...
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Dec 3, 2012
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the point being if the fiscal cliff you look at china, eurozone, it is all coming together to create an environment of total uncertainty for a lot of the biggest investors in the world. pension funds in the u.s. are trying to manage the volatility of the funding levels, generating return. think of where the average u.s. pension fund is trying to again rate a return from 6.5% to 8%. >> it's not so much that they're concerned about a looming tax hike that might affect their portfolios as it is about the uncertainty that the cliff represents, that chinese economy represents, and that europe represents. >> totally. so they have two decisions. on the risk hedging they have to look where yield is going worldwide. that's the price of ensuring their liabilities. at the same time diversification is the other avenue, generating return. rather than awarding historically high allocations toward equities, move towards alternatives. >> not necessarily bonds -- >> i would say absolutely. on bonds it could be high yield investment grade bonds. it could be emerging market debt but it is more about di
the point being if the fiscal cliff you look at china, eurozone, it is all coming together to create an environment of total uncertainty for a lot of the biggest investors in the world. pension funds in the u.s. are trying to manage the volatility of the funding levels, generating return. think of where the average u.s. pension fund is trying to again rate a return from 6.5% to 8%. >> it's not so much that they're concerned about a looming tax hike that might affect their portfolios as it...
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Dec 10, 2012
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we had better data out of china last week. household net worth increased by $1.7 trillion which was a big number for the fed. it says the bernanke policies are working. in terms of clients what they're doing, obviously there's a lot of clouds on the horizon short-term. but longer term, it's positive. so right now towards the end of the year what we've been seeing is a lot of accounts looking to take out short positions and stocks that have been hef sli shorted. so you've seen stocks like sears holdings, jcpenney, hewlett-packard, facebook, all those types of stocks that have a high short interest. since there's not a lot of clarity outside in terms of the fiscal cliff, they're going after those shorts and pressing them to the table. [ overlapping speakers ] >> -- quality dividends. if you see volatility happening, it's going to strong balance sheets. buy stability, protection, fundamentals. >> and remember that every central bank in the world is full bore in the mote. it's just a matter of time when that velocity picks up. we
we had better data out of china last week. household net worth increased by $1.7 trillion which was a big number for the fed. it says the bernanke policies are working. in terms of clients what they're doing, obviously there's a lot of clouds on the horizon short-term. but longer term, it's positive. so right now towards the end of the year what we've been seeing is a lot of accounts looking to take out short positions and stocks that have been hef sli shorted. so you've seen stocks like sears...
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Dec 6, 2012
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china. i respect samsung but apple still has cache. >> i think the bottom line from the stock perspective and getting away from the company a little bit -- because we all know all of the size of it and how much cash and all of that. just looking at the stock itself, this thing is up 8,000% the last ten years. don't think that anyone should be looking at it as having that opportunity or anything even remotely close to that going forward. so when tony says the story's changing, it is changing, but changing doesn't necessarily mean it's going somewhere negati negative. it's just going to be a different type of opportunity. >> well said as always, josh. but you also probably made the case for the capital gains sale excuse that a lot of people have been throwing out there. >> it's up 40% this year versus an s&p that's up closer to 10%. don't be shocked. everyone owns it. >> tony is right, ecosystem is worth a great deal of money. if you split up the iphone, i-mac, the iphone, it wouldn't be the s
china. i respect samsung but apple still has cache. >> i think the bottom line from the stock perspective and getting away from the company a little bit -- because we all know all of the size of it and how much cash and all of that. just looking at the stock itself, this thing is up 8,000% the last ten years. don't think that anyone should be looking at it as having that opportunity or anything even remotely close to that going forward. so when tony says the story's changing, it is...
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Dec 3, 2012
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china. not bad. 50.6. that's the highest in seven months. although shanghai again trades lower even europe's pmi improves a touch in november. first up, we're one month away from the fiscal cliff and so far the white house and congressional republicans are still in disagreement over how to reduce the deficit and avoid a raft of tax hikes and spending cuts. yesterday our own jim cramer and maria bartiromo were on "meet the press" and cramer had a message for fellow panelists and father of the anti-tax pledge, grover norquist. >> most ceos are republican. they're on board. they're not on board with you. they're not on board with you because they fear your view. they think you do not favor going -- you favor going over the cliff. that's what they think. they think that you favor -- >> just for the record since we're on tv. that's silly if they think that they shouldn't be ceos. >> it doesn't really matter. that's what they think. >> i want you to walk me up to that moment. >> behind the record.
china. not bad. 50.6. that's the highest in seven months. although shanghai again trades lower even europe's pmi improves a touch in november. first up, we're one month away from the fiscal cliff and so far the white house and congressional republicans are still in disagreement over how to reduce the deficit and avoid a raft of tax hikes and spending cuts. yesterday our own jim cramer and maria bartiromo were on "meet the press" and cramer had a message for fellow panelists and father...
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Dec 3, 2012
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market is fear about china. but i would rather play it from some of the quality industrials where i feel there could be some other things that helped them whether it's -- you know, u.s. housing and other things, not just pure china plays. >> adam, it's simon. going into next year, i think no one will argue taxes are going to go up at some rate. historically, dividend type stocks have underperformed. do you still feel good about them? >> i do. because it's different this time. i mean, it's been well communicated, well documented. everyone knows that that's an issue. in fact, we don't think it's possible the dividend taxes won't rise the amount that's in the law. right? so if you look last week, for example, utilities were the best p performing sector in the market, up 3.35% last week. i think you can get a relief rally if they do change the law. and more over all the the other things that are compelling about them, whether low payout ratios or compelling yield versus the bond market or in fact the most cynical bu
market is fear about china. but i would rather play it from some of the quality industrials where i feel there could be some other things that helped them whether it's -- you know, u.s. housing and other things, not just pure china plays. >> adam, it's simon. going into next year, i think no one will argue taxes are going to go up at some rate. historically, dividend type stocks have underperformed. do you still feel good about them? >> i do. because it's different this time. i...
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Dec 6, 2012
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, i think that -- >> china i think is showing growth. europe may not show growth in my lifetime, but they're going to be bailed out. do you think stock market -- i know it's had a mini correction since mid september, but it may be coming back now. question, does the stock market in its wisdom see a deal from washington on fiscal policy? >> i think that the stock market has already -- doesn't care about that anymore. we're on to the next thing. >> what is the next thing? >> even if they don't come the a deal, they will two weeks later. >> so might come in the new year. >> it might come in the new year. >> january, stocks are already discounting that. >> with band aids and glitter stickers, something is going to happen eventually. we have discounted that. this has been on the table for two years. this is not a new thing. it's their way of staying in the spotlight. >> question, apple which lost 6% today, apple is down about 24% since mid september. >> that's right. >> is apple the way -- you know, when we used to look at ge, the way we used
, i think that -- >> china i think is showing growth. europe may not show growth in my lifetime, but they're going to be bailed out. do you think stock market -- i know it's had a mini correction since mid september, but it may be coming back now. question, does the stock market in its wisdom see a deal from washington on fiscal policy? >> i think that the stock market has already -- doesn't care about that anymore. we're on to the next thing. >> what is the next thing?...
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Dec 10, 2012
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numbers came out saturday for china. i think italy has been remarkably good. so this was a big game changer. italy had been a part of the good story of european recovery. now it's back. >> all to monti was never intended to be there for the long term. >> sure. >> in fact, he may be leaving a month earlier than originally planned. this should not be a surprise in the larger context. while we may mention berlusconi's name right now, he's not expected to win. >> look, we knew that monti was successful. >> it may be whoever follows him is going to roll some of the gains that he's had. so-called gains. >> that's going to cause ripples here. look, on saturday night, i said, we're going to have a nice opening. china's good, people know that monti is not really going to hurt italy. i think if china continues the momentum, but the number -- >> the ex sports were less than expected in the month of november. which is a concern. then there's this perverse glass half full, that some data comes in lower, it might fuel the case for sti
numbers came out saturday for china. i think italy has been remarkably good. so this was a big game changer. italy had been a part of the good story of european recovery. now it's back. >> all to monti was never intended to be there for the long term. >> sure. >> in fact, he may be leaving a month earlier than originally planned. this should not be a surprise in the larger context. while we may mention berlusconi's name right now, he's not expected to win. >> look, we...
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Dec 7, 2012
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how good is china? how weak is china. don't worry about it. unit growth coming back. china will follow in terms of same store. the market disagrees. i think the stock is very cheap. it's show me. until we see an inflection point in china, right now people feel like it's gone like this. be careful. yum. >> there are some lonely bulls out there on yum even at these levels. >> i happen to think that the united states could turn. i like the ceo. he's always reacted to whatever is bad. i don't want to write-off yum. i feel like this was so devastating. i got to see something positive before i can come on this show and say buy it. >> how about wsm? >> here's a terrific report. they say the growth story is unappreciated. william sonoma next week pier 1 reports next week restoration hardwa hardware. everything in the house is doing better. possible sandy story. possible employment story. where would those employment numbers be had it not been for sandy? business is real good for ll. no one wants to say our business is great because of sandy because of the loss of life and the
how good is china? how weak is china. don't worry about it. unit growth coming back. china will follow in terms of same store. the market disagrees. i think the stock is very cheap. it's show me. until we see an inflection point in china, right now people feel like it's gone like this. be careful. yum. >> there are some lonely bulls out there on yum even at these levels. >> i happen to think that the united states could turn. i like the ceo. he's always reacted to whatever is bad. i...
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Dec 12, 2012
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but you are seeing on the high end, particularly the ones that are exposed to asia, to china, like a tiffany's, those are definitely had some issues and i think they may continue to have issues. >> the one that i just look at all the time, just want to shoot myself, kors. they have done a fantastic job. i sold it early and couldn't jump back in. >> the price is really interesting. all these names that we just mentioned. in a market today, when we were up, almost a percent after the fed meeting, tiffany's, coach, underarmour, some of the kind of higher end consumer names were acting very poorly and a lot of them have acted really contrary to the way the market has in the recent run since mid-november. to me, kind of telling you something. also on a day, we talked about it earlier, walmart, dollar gen yesterday, target are breaking down. retail is hitting a wall here and it may be because q-4 is as good as it gets. >> let's get another aspect. mike, you're watching shares of delta. bullish activity here. >> yeah, it was interesting. we saw big spread trade actually, someone looked like
but you are seeing on the high end, particularly the ones that are exposed to asia, to china, like a tiffany's, those are definitely had some issues and i think they may continue to have issues. >> the one that i just look at all the time, just want to shoot myself, kors. they have done a fantastic job. i sold it early and couldn't jump back in. >> the price is really interesting. all these names that we just mentioned. in a market today, when we were up, almost a percent after the...
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Dec 16, 2012
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. >> and will it be in china? will the iphone make it in china? >> i got up this morning and turned on cnbc. >> of course you did. >> one dude was at the shanghai store in line waiting for the iphone 5. >> there are a lot of pre-orders. but the question is, will they get china mobile? that's 80% of the smart phone users in china. that's a big question. >> how long have we been waiting for apple tv? >> we could be waiting for months more. >> john has the latest on a developing story between apple and walmart. john? >> yeah, melissa. big news today that kind of slipped under the radar. that's that walmart is discounting apple products way more than we could have expected. the iphone 5 starting today, the entry level iphone 5 down to $127. normally, at most outlets, $199. the new ipad, the fourth generation ipad, starting monday is going to be at $399, plus they'll throw in a $30 itunes gift card. i've been trying to make calls to figure out what the nature is of this promotion. what i gathered is this isn't something apple is pushing at all which pr
. >> and will it be in china? will the iphone make it in china? >> i got up this morning and turned on cnbc. >> of course you did. >> one dude was at the shanghai store in line waiting for the iphone 5. >> there are a lot of pre-orders. but the question is, will they get china mobile? that's 80% of the smart phone users in china. that's a big question. >> how long have we been waiting for apple tv? >> we could be waiting for months more. >> john...
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Dec 15, 2012
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china is overwhelmingly coal fired. they get another $5 million a year or so from trading in the space. what i would expect to see is some increasing of their mining revenues. >> two parts. the actual stock and the trade. >> i have no view on the stock. the fundamental picture that's set up in the relativeness to the shanghai i think is very interesting. i like the trade structure. if you're prepared to get along at 24, going to take some margin. >> it is. this is a trade that really gets the math working for you because you're short that put. if you're willing to buy the stock down there, it's a great way, no cost. nothing out-of-pocket to do that. >> one more time on the stocks verses options button. want to buy peabody, convinced it's a good china play? $28 a share. in mike's option, mike could be forced to buy it at $24 or about a 14% discount. we'll see carter later on in the show. got a question out there, send us a tweet at cnbc options. we'll answer it right after the show on our new website. yes, options action
china is overwhelmingly coal fired. they get another $5 million a year or so from trading in the space. what i would expect to see is some increasing of their mining revenues. >> two parts. the actual stock and the trade. >> i have no view on the stock. the fundamental picture that's set up in the relativeness to the shanghai i think is very interesting. i like the trade structure. if you're prepared to get along at 24, going to take some margin. >> it is. this is a trade that...
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Dec 13, 2012
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it's global, selling in high china, hong kong, and singapore. dennis: the myth is, the china, doing knockoff wines, but this is an inside job. your own brethren. >> not mine, but the expensive wine side, it's within the u.s. and europe, and it's guys who are in, you know, really into wine. dennis: prominent dealers? >> current case, fbi is charging a guy, a well-known collector, sold wine in auctions, turns out a lot of the wine may not have been what it was claiming to be. dennis: three bottles here, counterfit bottles, guys, and see if ray points out what makes then counterfeit. a nice 1923. >> yes, a 1923, would be $30,000 at auction. it would sell either way, but look at the symbol, the red dot, they always stamp dark and red. this is much too light. that's an insider thing. dennis: the bottle, the glass -- >> the glass is real. they got a less expensive wipe from the 1920s, 30s, refilled it with different wine, slap the label, and faked the label, and then, you know, tried to sell it for a lot of money. dennis: a couple other pictures compa
it's global, selling in high china, hong kong, and singapore. dennis: the myth is, the china, doing knockoff wines, but this is an inside job. your own brethren. >> not mine, but the expensive wine side, it's within the u.s. and europe, and it's guys who are in, you know, really into wine. dennis: prominent dealers? >> current case, fbi is charging a guy, a well-known collector, sold wine in auctions, turns out a lot of the wine may not have been what it was claiming to be. dennis:...
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Dec 14, 2012
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that's not necessarily a bad thing when it hits for china markets. in all likelihood you'll see a rally. >> if you don't want emerging market debt, you can buy this and get the exposure? >> that's absolutely correct. you don't have the same accounting concerns. you buy multi-national u.s. global companies with better accounting control. >> michael, thank you very much. >>> gold prices are on the down side for this week. it's been kind of a brutal week for the precious metals. final floor trades in metals being made right now. live coverage of the close is coming up on "power." >> announcer: cnbc program is sponsored by mercedes benz. ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to
that's not necessarily a bad thing when it hits for china markets. in all likelihood you'll see a rally. >> if you don't want emerging market debt, you can buy this and get the exposure? >> that's absolutely correct. you don't have the same accounting concerns. you buy multi-national u.s. global companies with better accounting control. >> michael, thank you very much. >>> gold prices are on the down side for this week. it's been kind of a brutal week for the precious...
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Dec 1, 2012
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there's been demand storiologist the export side from countries around china that sell into china that have been recently good. so i think there's a reason to be hopeful that we're going to see an uptick here. longer term, no question, chinese consumers are going to be more favorably inclined to buy goods that are made in china. but i don't think we expect to see a very sharp shift on that right now in the next couple of months. >> susie: you don't think this is going to impact the companies that have a china strategy? we hear from so many companies like starbucks or marriott hotels who say china is going to be their biggest market long-term outside of the united states. do you think that they're on track to continue with that policy, despite the bumps along the way? >> yeah, i think the big story here is really going to be the urbanization story. i mean the expectation that the chinese government has is really azing. they expect $300 million people are going to move from rural areas to urban areas within china over the next 20 years. if that happens the way the government expects it's
there's been demand storiologist the export side from countries around china that sell into china that have been recently good. so i think there's a reason to be hopeful that we're going to see an uptick here. longer term, no question, chinese consumers are going to be more favorably inclined to buy goods that are made in china. but i don't think we expect to see a very sharp shift on that right now in the next couple of months. >> susie: you don't think this is going to impact the...
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Dec 13, 2012
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and they have a fast-growing chain in china. so for all its problems, i do believe that schulze believes that there is things that they can do to save the company and not only save it but make it prosperous. >> just before we let you go, do you have any appreciation as to what might be an acceptable offer? i mean, are there figures being bandied around from the other side? >> yeah. we've heard that best buy would be comfortable with $20 a share. now, whether or not they get that or not, i don't know. but i think it's interesting that the buzz is out there that the company would be open to $20 a share. you certainly would have heard that just a few months ago when this whole process started. >> thomas, congratulations on your exclusive. it's good to see you. thomas lee from "the minneapolis star-tribune." thank you. >> thank you. >>> speaker boehner coming out just moments ago saying the president needs to step up in the fiscal cliff negotiations. the democratic leadership is preparing to respond. we will bring you comments from
and they have a fast-growing chain in china. so for all its problems, i do believe that schulze believes that there is things that they can do to save the company and not only save it but make it prosperous. >> just before we let you go, do you have any appreciation as to what might be an acceptable offer? i mean, are there figures being bandied around from the other side? >> yeah. we've heard that best buy would be comfortable with $20 a share. now, whether or not they get that or...
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Dec 9, 2012
12/12
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it's not kim chi sold in a bucket to china town. it's different from what's able. >> a san francisco based food and beverage entrepreneur recognized early on lauren's marketing approach that used a non-ethnic looking bottle design and non-ethnic distribution strategy was catching on with mainstream shopper. >> have you had kimchi before? >> today, lauren is at an orange county whole food supermarket that sells her products and offering kimchi inside a grilled cheese sandwich. >> it mellows out the flavor. >> the sample is from a recipe of a book she just published introducing the kimchy. >> i pushed the kimchy cookbook, 60 modern ways to ed kimchi because i wanted to people to understand it's beyond a condiment, you can eat with it, cook with it. >> do you want to try this first? a grilled cheese with kimchi. >> cheeses and wines and natural products have a common thread and kimchi is part of that food. >> five years later with her product now in widespread mainstream distribution, she's ready to expand her business to the nerkt lev
it's not kim chi sold in a bucket to china town. it's different from what's able. >> a san francisco based food and beverage entrepreneur recognized early on lauren's marketing approach that used a non-ethnic looking bottle design and non-ethnic distribution strategy was catching on with mainstream shopper. >> have you had kimchi before? >> today, lauren is at an orange county whole food supermarket that sells her products and offering kimchi inside a grilled cheese sandwich....
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Dec 18, 2012
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connell: you are not worried about china athol? charles: i think china is going to continue to be on a roll. i am also impressed with brazil, indonesia and turkey. the rest of the world really doing extraordinarily well. connell: we like when you go global on us, charles. what do you use, google maps or apple? charles: stuart varney is probably better than me when it comes to these smart phones. connell: i do remember when you got away from the flip phone. charles: that is only because i left it in the green room. i heard someone from the smithsonian came up. dagen: charles, thank you so much. connell: let's go to this google graphic story. it is a very popular app. let's put it that way. we will talk about that coming up. more from washington, the house speaker ready to put through his own legislation. >> our hope continues to be to reach an agreement with the president what we have offered meets the definition of balance. the president is not there yet. ♪ ♪ ♪ [ male announcer ] they are a glowing example of what it means to
connell: you are not worried about china athol? charles: i think china is going to continue to be on a roll. i am also impressed with brazil, indonesia and turkey. the rest of the world really doing extraordinarily well. connell: we like when you go global on us, charles. what do you use, google maps or apple? charles: stuart varney is probably better than me when it comes to these smart phones. connell: i do remember when you got away from the flip phone. charles: that is only because i left...
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Dec 7, 2012
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starbucks is not slowing down in china. we see slowdown in china from yum! brands. we also see it from tiffany's. starbucks had a very, very good quarter. the stock gapped higher. analyst howard schultz said the right thing, they are not slowing down in china. green mountain i think has problems. they have too much competition. they have a lot of inventory. there is possible accounting. i would not be selling puts in a stock like green mountain, that you could blink your eye, it could be $25 next week. > > it went down from $110. i'm comfortable owning it at a lower level. i think- > > what level? it traded at $29- > > if i buy it at $30, i can live with that- > > it just traded 18 two months ago- but to get back to starbucks, starbucks is going into tea in india. that's big. > round number three: tip top ten. 10 s&p stocks make up 80% of the index climb. is that bullish or bearish for equity markets? > > obviously it is bullish. if you look at what stocks have rallied this year, we talked about it last week, is the banks. the banks have been on fire. apple is one o
starbucks is not slowing down in china. we see slowdown in china from yum! brands. we also see it from tiffany's. starbucks had a very, very good quarter. the stock gapped higher. analyst howard schultz said the right thing, they are not slowing down in china. green mountain i think has problems. they have too much competition. they have a lot of inventory. there is possible accounting. i would not be selling puts in a stock like green mountain, that you could blink your eye, it could be $25...
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Dec 13, 2012
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kfc in china. that's the growth in their, i think isn't yum bigger than mcdonald's in terms of total number? >> yeah. >> i think subway is, too. research -- >> they don't even call it kentucky tried anymore. >> kfc. >> and it's really chicken. >> that's uncalled for. what do you think it is, cat? that is uncalled for. >> this is all i'll say. >> tastes like chicken. >> yes, it's chicken! if david novak -- >> taco bell. >> yeah, taco bell. >> is that really meat? is that your next -- >> no. all right. the restaurant -- research in motion, rim shares coming off a seven-month high on news that the u.s. immigrations and customs enforcement agent are going to use the blackberry 10 on a trial basis. that is on news, did you see this, that the agency is going to ditch the iphone in favor -- >> okay, so why? >> i don't know. i just want to say, so blackberry was one of the sponsors of the thing yesterday, at the dealbook conference and they showed off the blackberry 10. >> kel me about it. >> they have one
kfc in china. that's the growth in their, i think isn't yum bigger than mcdonald's in terms of total number? >> yeah. >> i think subway is, too. research -- >> they don't even call it kentucky tried anymore. >> kfc. >> and it's really chicken. >> that's uncalled for. what do you think it is, cat? that is uncalled for. >> this is all i'll say. >> tastes like chicken. >> yes, it's chicken! if david novak -- >> taco bell. >> yeah,...
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Dec 7, 2012
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among the catalysts were that china's economy is stabilizing. the nikkei hit a seven-month closing high yesterday. and in europe you can see the markets are indicated slightly lower but, again, these are the same sort of moves in the futures here. a lot could depend on what happens at 8:30. >> why are you shaking your head, joe? >> nothing. i was getting info. >>> a new survey by potomac research group finds 60% of leading investment professionals predict a sharp decline in the economy if the government fails to make a deal. it's defined as a more than 10% drop in the dow. he's still shaking his head. the group polled hedge fund and pension funds and money market managers and 56% surveyed said a deal to avoid the fiscal cliff by year end. 44% predict failure in the ongoing negotiations. >>> let's get back to the jobs report due out, in less than 30 minutes, joining us now is mark zandi, chief economist at moody's analytics and jared bernstein former economic adviser to vice president joe biden. he has the finest nod and smile when he's introduce
among the catalysts were that china's economy is stabilizing. the nikkei hit a seven-month closing high yesterday. and in europe you can see the markets are indicated slightly lower but, again, these are the same sort of moves in the futures here. a lot could depend on what happens at 8:30. >> why are you shaking your head, joe? >> nothing. i was getting info. >>> a new survey by potomac research group finds 60% of leading investment professionals predict a sharp decline in...
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Dec 14, 2012
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one for her sister in china and another for another family member. neil: so we are not talking about dozens or hundreds or anything like that to . >> for phones, and for that, she was beaten for an animal. neil: apple has been commenting, as you know, the chinese stealing technology here, stealing phones, phone them at a big premium abroad, did not come up with anything you heard about or anyone you talk to? >> because she is an asian woman, they immediately go there. she is just a very nice and respectful and quiet lady. a very successful businesswoman from shanghai. she doesn't need to do that to make money. even if she was, does not want her being beaten like that. neil: i don't understand the events that led to anyone getting tased in the store. could she resist or yell or scream? >> she yelled and she screamed. when it be ironic if the chinese government followed up a complaint about the maltreatment of one of their nationals. >> as far as you know, do you know what is your fiancÉ do? and she involved in the technology industry? >> she was an a
one for her sister in china and another for another family member. neil: so we are not talking about dozens or hundreds or anything like that to . >> for phones, and for that, she was beaten for an animal. neil: apple has been commenting, as you know, the chinese stealing technology here, stealing phones, phone them at a big premium abroad, did not come up with anything you heard about or anyone you talk to? >> because she is an asian woman, they immediately go there. she is just a...
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but first we go under the radar for china. what new data beyond the great wall is suggesting about investment opportunities there. those stories and much more coming up on halftime. >> i think you know we upgrayed our exposure to china last week, so i kind of agree with some of the comments just made, the recent data reports look better in china. they have really outperformed. therefore that latter group is cheap. so we like increasing china exposure. >> that was morgan stanley's adam parker, one of the biggest bears on the street getting bullish right here on kwf hattime." jane ulrich joins us now with her 2013 outlook. it's nice to see you again. welcome. >> thank you very much. >> is it just me or has sentiment seemed to change better? >> absolutely. yes, indeed. i think november was actually the inflexion report for the chinese market and kmchinese economy. if you look at the data, pmi data are more positive. industrial production is up. retail sales are bouncing back. but more importantly i've been speaking to a lot of co
but first we go under the radar for china. what new data beyond the great wall is suggesting about investment opportunities there. those stories and much more coming up on halftime. >> i think you know we upgrayed our exposure to china last week, so i kind of agree with some of the comments just made, the recent data reports look better in china. they have really outperformed. therefore that latter group is cheap. so we like increasing china exposure. >> that was morgan stanley's...
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Dec 24, 2012
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how much of a foray will china make into europe? > > as the chinese captain who runs cosco told me, europe had, for a long time, enjoyed a number of protections. they started spending a lot of money that they didn't have, and now they're paying a price. so what is going to have to happen going forward is that probably europeans are going to have to go back on a number of protections, moving somewhat in the direction the chinese are, which is perhaps to say lower wages, less protections. but europeans certainly, and certainly here in greece, are going to be fighting back against a wholesale backslide toward, again, what many see as the possibility of stumbling into third world working conditions. > > liz alderman of the new york times. thanks so much for your reporting today. > > thank you for having me. still ahead, hits and flops. a look back at the movies that brought riches and pr headaches for film studios. but first, we'll hear from the man who shook things up after a stunning exit from goldman sachs. that's next. wall street e
how much of a foray will china make into europe? > > as the chinese captain who runs cosco told me, europe had, for a long time, enjoyed a number of protections. they started spending a lot of money that they didn't have, and now they're paying a price. so what is going to have to happen going forward is that probably europeans are going to have to go back on a number of protections, moving somewhat in the direction the chinese are, which is perhaps to say lower wages, less protections....
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Dec 19, 2012
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the world bank sees china expanding by 8.4% next year. it's expecting that it will be fueled by fiscal stimulus and the faster implementation of large investment projects. today's forecast is higher than an earlier one that was sited in a world bank report in october. 8.4%, not bad both if you can get it. >>> speaking of china, the united states is moving forward with plans to slap steep anti-dumping duties on wind turbine towers that are imported from china at prices that are deemed unfairly low. the news from the commerce department comes as u.s. officials welcomed a high-level chinese delegation for trade and economic talks. the u.s. trade panel has final approval over the duties and is expected to vote on the case in late january. >>> in corporate news, ubs hit with a $1.5 million fine today. that will add up, a few more of those. the swiss bank admitting to fraud, it paying bribes to brokers. and pervasive, they call it manipulation of libor by dozens of staff. the penalty was agreed to with u.s., u.k., and swiss regulators. it is mo
the world bank sees china expanding by 8.4% next year. it's expecting that it will be fueled by fiscal stimulus and the faster implementation of large investment projects. today's forecast is higher than an earlier one that was sited in a world bank report in october. 8.4%, not bad both if you can get it. >>> speaking of china, the united states is moving forward with plans to slap steep anti-dumping duties on wind turbine towers that are imported from china at prices that are deemed...
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Dec 10, 2012
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it plans to open 2400 starbucks in china and the u.s. within two years. "overall, there's going to be coffee available. that'll help you on pricing, so it might be a good time to be expanding." starbucks' expansion plans aren't only meared number of shops. in the last 12 months, its acquired juice company evolution fresh, bakery la boulange, and is about to finalize acquisition of tea company teavanna. tensions remain high in michigan's capitol city, where legislation is about to be passed that could weaken the power of unions. protestors are furious. republican lawmakers moved quickly last week to enact "right to work legislation," allowing workers at unionized companies not to pay dues to the union, which reduces bargaining power right in the uaw's own back yard. the measure has already been approved by both chambers of michigan's legislature, and final enactment could take place tomorrow. republican governor rick snyder supports the legislation. if enacted, it would make michigan the 24th state with right-to-work laws. recent strikes at a california sh
it plans to open 2400 starbucks in china and the u.s. within two years. "overall, there's going to be coffee available. that'll help you on pricing, so it might be a good time to be expanding." starbucks' expansion plans aren't only meared number of shops. in the last 12 months, its acquired juice company evolution fresh, bakery la boulange, and is about to finalize acquisition of tea company teavanna. tensions remain high in michigan's capitol city, where legislation is about to be...
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Dec 13, 2012
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reporter: but as we know, gretchen, those appropriate actions are very difficult without the support of china. >> gretchen: no doubt. jennifer griffin live from the pentagon, thank you. >> tracking a person's every move without them knowing. it's as simple as buying a smartphone app but legislation could change that. we'll look at that for you next. plus, the changing face of america. pretty soon there will be no racial majority in our country. what will that mean for society? what about politics? that's coming up. stick around. >> gretchen: new senate bill taking on the so-called stalker apps that help smartphone user track victims. the bill was sponsored by al franken that closes a loophole that laws apps to secretly operate on a cell phone and transmit their location without their knowledge. the bill updates laws passed years before laws revolutionized smartphones. you've been working on this since the '90s. you see this as a domestic violence situation. >> it's another way to empower a stalker. they can put an application on your phone without you know and follow you wherever you are. sta
reporter: but as we know, gretchen, those appropriate actions are very difficult without the support of china. >> gretchen: no doubt. jennifer griffin live from the pentagon, thank you. >> tracking a person's every move without them knowing. it's as simple as buying a smartphone app but legislation could change that. we'll look at that for you next. plus, the changing face of america. pretty soon there will be no racial majority in our country. what will that mean for society? what...
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wages have gone up dramatically in china. we will benefit from that as well. be careful what you ask for. do we really want a whole bunch of four dollars jobs in america, the answer is, no. connell: thank you, charles. great stuff, as always. the irs wants back taxes from amazon. dagen: no shame. one of the most popular places to do your holiday shopping. that is exactly the video we picked that we are going to tell you about coming up. just make sure this is not a public restroom, please. [ laughter ] ♪ there is no mass-produced human. every human being is unique. and there is one store that recognizes it. the sleep nuer store. thonly place in the world you'll find the extraordinarily comfortable slp number experiee. an exclusive collection of innovations that totally individualize your sleep. perfectly comfortable pillows that adjust to yourize d shape. temperature-balancing bedding. dual warmth comforters. all designed around the sleep number bed: a bed with dual-air technology that allows you to adjust to the support your body needs. each of your bodie i
wages have gone up dramatically in china. we will benefit from that as well. be careful what you ask for. do we really want a whole bunch of four dollars jobs in america, the answer is, no. connell: thank you, charles. great stuff, as always. the irs wants back taxes from amazon. dagen: no shame. one of the most popular places to do your holiday shopping. that is exactly the video we picked that we are going to tell you about coming up. just make sure this is not a public restroom, please. [...
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Dec 4, 2012
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is china your best bet in 2013? joining us is chief china equity strategist at goldman sachs. always great to speak with you. >> those pmi numbers seven-month high. fourth month gain. it is the longest streak in more than a year for the chinese currency and the stock market lowest level since 2009. what is telling the true story? >> well, i think obviously we are seeing pretty reasewassurin cyclical signs and the market is reacting more. there has been a big divergence in terms of performance. the reason the asian market is not turning so much is because it is less correlated to the global market. and secondly i think it is just not only focusing on structural reform issues more but more bearish on the cyclical outlook. those are probably some of the key differences. we think that tha asia market guys are a little too bearish on the cyclical and reform side. we think that 2013 returns will be a little higher for a versus for h. >> you have introduced with your most recent note at the end of november a reform basket of stocks. can you walk us through what that means? >> over th
is china your best bet in 2013? joining us is chief china equity strategist at goldman sachs. always great to speak with you. >> those pmi numbers seven-month high. fourth month gain. it is the longest streak in more than a year for the chinese currency and the stock market lowest level since 2009. what is telling the true story? >> well, i think obviously we are seeing pretty reasewassurin cyclical signs and the market is reacting more. there has been a big divergence in terms of...
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Dec 24, 2012
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david: it is time to go off the desk and over to china for a huge holiday pillow fight. they blew off some steam with a pillow fight. they had the names of bosses and professors on
david: it is time to go off the desk and over to china for a huge holiday pillow fight. they blew off some steam with a pillow fight. they had the names of bosses and professors on
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Dec 14, 2012
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is this support provided by china, or is there more of work? >> i think it is china. today here in the u.s. you have no inflation. the fed can't even get more aggressive. they may have to the way things are going, but you're also seeing a return to geopolitical rest. the increased risk that the syrian situation could expand. the u.s. sending missiles and troops to the area does not make oil traders excited, but the other market that was driving today was gasoline. we put on $0.6 a day. on a slew of refinery issues, mainly year in the midwest. if you look at the refinery, a major crude unit that is having a lot of problems with all of -- they push back the time that it can start because of concerns about some fireproofing quoting. some people being sued over this, but it is driving prices higher. the cash market in the gulf, and chicago. good news, natural gas is warm. those level in three months. that's a good way to end the week. ashley: and phil flynn at the cme. thank you, as always. tracy: well, several names reportedly lining of to be a bidder for the twinkie mak
is this support provided by china, or is there more of work? >> i think it is china. today here in the u.s. you have no inflation. the fed can't even get more aggressive. they may have to the way things are going, but you're also seeing a return to geopolitical rest. the increased risk that the syrian situation could expand. the u.s. sending missiles and troops to the area does not make oil traders excited, but the other market that was driving today was gasoline. we put on $0.6 a day. on...
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china needs to consume a lot of food. the bullish bets and live cattle more than doubled in the latest week. also, one other area i want to point out is copper. china is the biggest consumer of copper in the world. pouring into the copper market, up about 6%. if we continue to get good news out of china, a lot of analysts expecting those copper prices to go higher. back to you. lori: great. let's get an update on the stock market with lauren simonetti. >> let's talk tech right now. they have been higher in 13 of the past 15 trading days. pushing closer to the ipo price of $38. last time we were there was in may on ipo day. november was its best month since being a public company. recently, facebook, ceo, mark zuckerberg, hosted a dinner in silicon valley. just imagine what they discuss. he met with king.com, electronic arts, all of these guys. they were talking about ways that monetize from social games. this, of course, in the wake of what happened with zynga last week. they are down 5% today. connell: our big question t
china needs to consume a lot of food. the bullish bets and live cattle more than doubled in the latest week. also, one other area i want to point out is copper. china is the biggest consumer of copper in the world. pouring into the copper market, up about 6%. if we continue to get good news out of china, a lot of analysts expecting those copper prices to go higher. back to you. lori: great. let's get an update on the stock market with lauren simonetti. >> let's talk tech right now. they...
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Dec 17, 2012
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we didn't talk about china at all. china is evidencing, from every angle, a soft landing. >> well, they're not talking about doing any additional big stimulus package? >> they probably don't need to. so we're that going to get acceleration on the other side but we're not going to have this fall, and where is this going to stop? if you have china, okay. the u.s. a little better. europe less bad. it's going to be an okay economic -- >> you get everything you want, fiscal cliffwise and we actually start tackling some of these long-term issues, you know diffident taxes are heading up. what -- is the market spring loaded so that if we get what we want it will be a really solid advance that we get? >> solid, look, joe, and in a muddle through economy solid is only a mid teen number. we're not going to get 30% gain. >> put the two years together we could have 30, if we get some of the things -- >> we had three straight years at 30. >> that was a different world. earnings were higher. they're flagging a bit now. >> if everybod
we didn't talk about china at all. china is evidencing, from every angle, a soft landing. >> well, they're not talking about doing any additional big stimulus package? >> they probably don't need to. so we're that going to get acceleration on the other side but we're not going to have this fall, and where is this going to stop? if you have china, okay. the u.s. a little better. europe less bad. it's going to be an okay economic -- >> you get everything you want, fiscal...
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the key thing is looking at china, the oil demand terrible all summer. started to rebound in september with a record high for amount of demand #* demand. in october, they hit the third highest month on record for demand, a strong manufacturing number means, of course, that oil demand could be another record this month into december. this is the high demand period in china, very, very supportive for the market. that doesn't matter. if the u.s. is in recession, if the informerring sector falls off the cliff, that lowers expectations, and temper the increase now, but from the big picture per specttive, a rebound in chinese manufacturing probably means a rebound in crude oil prices in the coming months. >> you know, phil, it's warm here in the northeast. unseasonably warm, actually. natural gas up for the first time in four sessions. just jiggering here? what's causing the jump? >> well, forecast says we might be in warrant -- winter after all. forecasts could colder. i'm not buying it. we rallied weeks ago because it was to be cold. we're sweating in chicag
the key thing is looking at china, the oil demand terrible all summer. started to rebound in september with a record high for amount of demand #* demand. in october, they hit the third highest month on record for demand, a strong manufacturing number means, of course, that oil demand could be another record this month into december. this is the high demand period in china, very, very supportive for the market. that doesn't matter. if the u.s. is in recession, if the informerring sector falls...
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china and the united states. david: hold on, bob, let me define what you mean about clean energy, a lot of people from nrc did do not include natural gas with clean energy, but do you? >> well, what i'm talking about is wind, solar and other sources, but the key-- >> what about natural gas bob? >> the key to it, david, how we get it. it has to be gotten in a responsible way. we can't continue to put our communities, our ranchers, our farmers at risk and we can't continue to kick down the road the transition we need to make for the sake of our economy, for the sake of our national security for the sake of our-- >> we're not kick it go down the road. this isn't a fiscal cliff kick down the road. they're improving techniques all the time. they're not kicking the problem down the road. >> most are. and those that aren't need to be required to do so. we need to improve the public oversight. right now they don't have to comply with our foundational safeguards, david. like the clean water act. safe drinking water. that
china and the united states. david: hold on, bob, let me define what you mean about clean energy, a lot of people from nrc did do not include natural gas with clean energy, but do you? >> well, what i'm talking about is wind, solar and other sources, but the key-- >> what about natural gas bob? >> the key to it, david, how we get it. it has to be gotten in a responsible way. we can't continue to put our communities, our ranchers, our farmers at risk and we can't continue to...
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>> the best way to play china would be the etf. it's a proxy for the market, but that's because the others out there, you know, they have a lot more of a spread because it's harder to trade the stocks so, you know, the size would trade closer to the index, probably one of the sharper investors, etfs for investors. liz: bruno, the best idea with the fiscal cliff, you believe the cuts kicking in january 1 # #st, something will happen, there will be a deal. that said, where do you advise people to put your money? >> a generational opportunity with the energy or in the sense that's happening right here in the u.s.. we are going to see tremendous growth from a number of companies particularly on the exploration and production space, and specifically around a fiscal cliff creating short term opportunity with limited partnerships, or mlps, the backbone of a lot of the infrastructure that's being built around the energy in a sense that we're seeing, and we'll see it for years to come, and so a lot of opportunities with a lot of opportuniti
>> the best way to play china would be the etf. it's a proxy for the market, but that's because the others out there, you know, they have a lot more of a spread because it's harder to trade the stocks so, you know, the size would trade closer to the index, probably one of the sharper investors, etfs for investors. liz: bruno, the best idea with the fiscal cliff, you believe the cuts kicking in january 1 # #st, something will happen, there will be a deal. that said, where do you advise...